Healthcare is one of the primary needs of every individual. And therefore, healthcare becomes an industry of prime importance to our very sustenance. With the growing advancement of healthcare infrastructure, rising demand for quality healthcare, and R&D in the country, healthcare-oriented businesses are touching new heights. This has only been magnified in the pandemic era.
Axis Healthcare ETF seeks to leverage this opportunity by investing in the broader healthcare sector.
What is Axis Healthcare ETF?
- Axis Healthcare ETF is an open ended exchange traded fund tracking the NIFTY Healthcare Index.
- The scheme invests in healthcare-oriented spectrum which includes hospitals, diagnostics, drug manufacturers, and Clinical Research and R&D players.
How does Axis Healthcare ETF work?
- Axis Healthcare ETF is an exchange traded fund that will closely track the Nifty Healthcare index, which comprises the 20 largest healthcare companies by free float market capitalization.
- The scheme gives you access to all 20 names with a small amount versus all individual stocks combined, with the convenience of an ETF.
- An ETF – a basket of securities that follows a benchmark index, trades like stocks and has the convenience of mutual funds. So, you can invest small amounts to get exposure to an entire index and also buy and sell the ETF units like stocks using our investment app.
Why a healthcare-focused ETF?
- The healthcare sector in India has achieved phenomenal recognition globally on account of its capabilities and has a strong knowledge base.
- The Indian healthcare industry is well-poised to building its domestic footprint after capturing significant economic interest and credibility in overseas markets.
- India is a preferred destination for medical tourism, owing to relatively affordable treatment options.
- The Hospital and Diagnostics spaces are positioned to grow, given the need for expanding infrastructure in these areas and opportunities for consolidation by bigger players.
- Government incentives, such as PLI scheme, mean a bigger push to already booming generic drug and vaccine-making space.
- Indian pharma companies are key players in the clinical research and R&D ecosystem, targeting higher margin complex generics where competition is significantly lower.
Who should invest in Axis Healthcare ETF?
Investors seeking long-term wealth creation and have a very high risk appetite with a 3+ year investment horizon may invest in the scheme.
How to invest in Axis Healthcare ETF?
Investing in Axis Healthcare ETF is easy. All you need to do is have a demat account as units of the ETF can only be held in electronic form.
The minimum Investment for applying to the NFO is Rs.5,000 and in multiples of Rs. 1/- thereafter. Post the NFO period, you will be able to buy and sell units in the secondary market.
Give your portfolio the booster dose of good health – with Axis Healthcare ETF. Invest today!
NFO open from 30th April to 10th May, 2021.
To know more, please visit Axis Healthcare ETF or contact your Mutual Fund Distributor.
